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Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors


Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors
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Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors


Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2016-01-22

Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-22 with Business & Economics categories.


In completing the Fourteenth General Review of Quotas (hereafter the “Fourteenth Review”) and approving the proposed Amendment on the Reform of the Executive Board (hereafter the “Board Reform Amendment”), the Board of Governors requested the Executive Board to bring forward the timetable for completion of the Fifteenth General Review of Quotas (hereafter the “Fifteenth Review”) to January 2014.



Report Of The Executive Board To The Board Of Governors On Progress On The Fifteenth General Review Of Quotas


Report Of The Executive Board To The Board Of Governors On Progress On The Fifteenth General Review Of Quotas
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-30

Report Of The Executive Board To The Board Of Governors On Progress On The Fifteenth General Review Of Quotas written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-30 with Business & Economics categories.


In February 2016, the Board of Governors adopted Resolution No. 71-2 on the Fifteenth General Review of Quotas (hereafter the “Fifteenth Review”), which (i) welcomed the entry into force of the Seventh Amendment on the Reform of the Executive Board, allowing the quota increases under the Fourteenth Review to become effective; (ii) urged the members who had not yet consented to their Fourteenth Review quota increases to do so without further delay and urged the members who had consented to their quota increases to make their quota payments in a timely manner; (iii) regretted that the Fifteenth Review had not been completed by December 15, 2015, as mandated by the Articles of Agreement and as requested in Board of Governors Resolution No. 70 1, and resolved to continue the Fifteenth Review under Article III, Section 2(a) and called on the Executive Board to work expeditiously on the Fifteenth Review in line with previous Executive Board understandings, and with the aim of completing the Fifteenth Review by the 2017 Annual Meetings; and (iv) requested that the Executive Board report to the Board of Governors on progress on the Fifteenth Review by the 2016 Annual Meetings and the 2017 Spring Meetings. This report responds to that request.



Fifteenth And Sixteenth General Reviews Of Quotas Report Of The Executive Board To The Board Of Governors


Fifteenth And Sixteenth General Reviews Of Quotas Report Of The Executive Board To The Board Of Governors
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2020-02-13

Fifteenth And Sixteenth General Reviews Of Quotas Report Of The Executive Board To The Board Of Governors written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-13 with Business & Economics categories.


On January 16, 2020, the Executive Board adopted a Report to the Board of Governors proposing that the Board of Governors adopt a Resolution concluding the Fifteenth General Review of Quotas with no increase in quotas and providing guidance for the Sixteenth General Review of Quotas in line with the IMFC guidance in the October 19, 2019 Communiqué. The Resolution was adopted by the Board of Governors, effective February 7, 2020, and was designated No. 75-1.



Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors October 2017


Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors October 2017
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-05

Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors October 2017 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-05 with Business & Economics categories.


Following the guidance on the Board of Governors Resolution No. 72-1 (December 2016), on October 4, 2017, the Executive Board discussed and adopted its first semi-annual report on progress on the Fifteenth Review. The report covered issues related to the quota formula and realigning quota shares as well as issues related to the adequacy of Fund resources, discussed in informal meetings on September 1 and on September 15, 2017, respectively.



Outcome Of The Quota Formula Review Report Of The Executive Board To The Board Of Governors


Outcome Of The Quota Formula Review Report Of The Executive Board To The Board Of Governors
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2013-01-30

Outcome Of The Quota Formula Review Report Of The Executive Board To The Board Of Governors written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-30 with Business & Economics categories.


In completing the Fourteenth General Review of Quotas and approving the Proposed Amendment on the Reform of the Executive Board, the Board of Governors requested that the Executive Board complete a comprehensive review of the quota formula by January 2013. The Executive Board was also requested to bring forward the timetable for completion of the Fifteenth General Review of Quotas (hereafter the 15th Review) to January 2014.



Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2018


Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2018
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-05

Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2018 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-05 with Business & Economics categories.


Following the guidance on the Board of Governors Resolution No. 72-1 (December 2016), on April 3, 2018, the Executive Board discussed and adopted its second semi-annual report on progress on the Fifteenth Review. The report covered issues relating to both the adequacy of Fund resources and the quota formula and realigning quota shares, discussed in an informal meeting on February 2, 2018 and building on the earlier discussions in the fall of 2017.



2010 Reforms And Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors Decision


2010 Reforms And Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors Decision
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-01-02

2010 Reforms And Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors Decision written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-02 with Business & Economics categories.


In completing the Fourteenth General Review of Quotas (hereafter the “Fourteenth Review”) and approving the Proposed Amendment on the Reform of the Executive Board (hereafter the “Board Reform Amendment”), the Board of Governors requested the Executive Board to bring forward the timetable for completion of the Fifteenth General Review of Quotas (hereafter the “Fifteenth Review”) to January 2014. The Executive Board was also requested to complete a comprehensive quota formula review by January 2013. These forward-looking elements were part of an agreed package of 2010 quota and governance reforms (hereafter the “2010 Reforms”). Each member committed to use its best efforts to complete the required steps for the effectiveness of the quota increases under the Fourteenth Review no later than the Annual Meetings in 2012.



Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2019


Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2019
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-05

Progress On The Fifteenth General Review Of Quotas Report Of The Executive Board To The Board Of Governors April 2019 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-05 with Business & Economics categories.


Following the guidance on the Board of Governors Resolution No. 72-1 (December 2016), on April 3, 2019, the Executive Board discussed and adopted its fourth semi-annual report on progress on the Fifteenth Review. The report described that it had become evident that it would not be possible to secure the required support for a quota increase under the Fifteenth Review.



Fifteenth General Review Of Quotas Notification From The Executive Board To The Board Of Governors


Fifteenth General Review Of Quotas Notification From The Executive Board To The Board Of Governors
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2020-02-13

Fifteenth General Review Of Quotas Notification From The Executive Board To The Board Of Governors written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-13 with Business & Economics categories.


On December 20, 2019, the Executive Board notified the Board of Governors that it would not be able to report to the Board of Governors in time to facilitate a vote by the Board of Governors concluding the Fifteenth Review before the end of 2019, as previously envisaged, and that the Executive Board was expected to report to the Board of Governors around mid-January 2020 on the outcome of discussions on the Fifteenth Review, the goals and timetable for the Sixteenth Review, and on the way forward on IMF resources.



Interim Steps On Quota And Governance Reform Report Of The Executive Board To The Board Of Governors


Interim Steps On Quota And Governance Reform Report Of The Executive Board To The Board Of Governors
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-04-06

Interim Steps On Quota And Governance Reform Report Of The Executive Board To The Board Of Governors written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-06 with Business & Economics categories.


In light of continuing delays in the implementation of the 2010 quota and governance reforms (hereafter the “2010 Reforms”), the Board of Governors, in February 2015, adopted Resolution No. 70-1, which (i) expressed its deep regret that the quota increases under the Fourteenth General Review of Quotas (hereafter the “Fourteenth Review”) and the Proposed Amendment on the Reform of the Executive Board (hereafter the “Board Reform Amendment”) have not become effective, and that the Fifteenth General Review of Quotas (hereafter the “Fifteenth Review”) has not been completed; (ii) emphasized the importance and urgency of the 2010 Reforms for the Fund’s credibility, legitimacy, and effectiveness, and reiterated its commitment to their earliest possible implementation; (iii) urged the remaining members who have not yet accepted the Fourteenth Review quota increases and the Board Reform Amendment to do so without further delay; (iv) called for the completion of the Fifteenth Review by December 15, 2015; and (v) called on the Executive Board to work expeditiously and to complete its work as soon as possible on interim steps in the key areas covered by the 2010 Reforms, pending their full implementation, and thus to enable the Board of Governors to reach agreement on steps that represent meaningful progress towards the objectives of the 2010 Reforms by June 30, 2015.